Navigation Links
SourceSolution Announces the Launch of Its Initiative to Simplify Outsourcing Decisions for Biotechnology and Pharmaceutical Companies
Date:10/15/2008

SAN FRANCISCO, Oct. 15 /PRNewswire/ -- SourceSolution, a leader in search technology for the biotechnology and pharmaceutical industries, announced today that it is on target to launch a new initiative next month, which reduces the time and cost of screening contract manufacturing and research organizations (CMOs/CROs). The proprietary technology will be offered to customers as a Software as a Service (SaaS) database. The database will allow users to perform detailed searches of service provider capabilities against customizable project requirements.

The web-based platform will simplify the initial screening process for both buyers and service providers. Currently, biotechnology and pharmaceutical companies have limited tools at their disposal to efficiently evaluate CMO/CRO capabilities. Limited tools force many of these companies to engage in a cumbersome and time-consuming exchange of data in RFIs or RFPs. SourceSolution users may select standardized capability and regulatory criteria in searches for contract providers. CMOs and CROs will update and maintain these profiles to ensure that all potential clients are accessing information that is current and accurate. Effective initial screening will reduce expenses that would be incurred when there is an incomplete understanding of project requirements and capabilities for both parties. Once a buyer identifies a number of CMOs/CROs for further evaluation, the service providers will be notified that their capabilities have matched with potential projects and will be provided with a qualified sales lead for follow-up.

The initiative will be launched in November prior to the American Association of Pharmaceutical Scientists (AAPS) annual meeting in Atlanta, Georgia. As part of the launch, SourceSolution will be offering a number of free webinars in October and November. More information can be found by visiting http://www.sourcesolution.com/webinar/overview.html.

"SourceSolution is excited to present what we believe will be a powerful tool for the biotechnology and pharmaceutical industries as well for contract service providers. We understand that the purchase decisions for outsourced product development activities are complex and through this initiative, we hope to streamline this process," stated Premila Anand, Founder and CEO of SourceSolution.

About SourceSolution, Inc.

SourceSolution, Inc. is committed to simplifying initial outsourcing decisions for biotech and pharmaceutical companies. The company is uniquely positioned as the largest global directory of Contract Research and Contract Manufacturing Organizations (CROs and CMOs) that offer regulatory-driven, product development services. SourceSolution allows users to screen potential service providers based on criteria including technical capabilities, regulatory compliance, facilities, equipment, company information, and user ratings by service line. SourceSolution's streamlined format allows for a cost-effective unbiased evaluation of potential suppliers. Visit http://www.sourcesolution.com for more information.


'/>"/>
SOURCE SourceSolution, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related biology technology :

1. Ground Zero Pharmaceuticals Announces Expansion of Regulatory and Product Development Consulting Services
2. Pioneer(R) Surgical Technology Announces Market Release of FortrOss(TM), a Next Generation Bone Void Filler
3. AMDL, Inc. Announces Strategic Realignment
4. Sysmex Announces Clinical Laboratory Software Name Change
5. Mirixa Announces Agreement With the Pharmacy Guild of Australia
6. Nile Therapeutics Announces Positive Interim Data from Phase 2a Study of CD-NP in Patients with Heart Failure
7. BioNanomatrix Announces Appointment of Dr. Pui-Yan Kwok to Its Scientific Advisory Board
8. WuXi PharmaTech Announces Preliminary Third Quarter 2008 Results and Updates 2008 Guidance
9. Neurobiological Technologies Announces Update Call on Viprinex (TM) Phase 3 Trial Program
10. CSMG Technologies Announces Key Fifth U.S. Tissue Bonding/Welding Patent Approved
11. Video: Boston Scientific Announces FDA Approval of Second-Generation TAXUS(R) Liberte(R) Drug-Eluting Stent
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... June 27, 2016  Global demand for enzymes ... through 2020 to $7.2 billion.  This market includes ... cleaning products, biofuel production, animal feed, and other ... and biocatalysts). Food and beverages will remain the ... increasing consumption of products containing enzymes in developing ...
(Date:6/27/2016)... ... June 27, 2016 , ... Parallel 6 , the leading ... the Clinical Reach Virtual Patient Encounter CONSULT module which enables both audio ... and clinical trial team. , Using the CONSULT module, patients and physicians can schedule ...
(Date:6/27/2016)...   Ginkgo Bioworks , a leading organism ... today awarded as one of the World Economic ... most innovative companies. Ginkgo Bioworks is engineering biology ... world in the nutrition, health and consumer goods ... customers including Fortune 500 companies to design microbes ...
(Date:6/24/2016)... ... ... Researchers at the Universita Politecnica delle Marche in Ancona combed medical journal ... Their findings are the subject of a new article on the Surviving Mesothelioma website. ... the blood, lung fluid or tissue of mesothelioma patients that can help point doctors ...
Breaking Biology Technology:
(Date:6/22/2016)... -- On Monday, the Department of Homeland Security (DHS) ... for the Biometric Exit Program. The Request for Information ... explains that CBP intends to add biometrics to confirm ... States , in order to deter visa overstays, ... Logo - http://photos.prnewswire.com/prnh/20160622/382209LOGO ...
(Date:6/15/2016)... , June 15, 2016 ... market report titled "Gesture Recognition Market by Application Market - Global ... 2016 - 2024". According to the report, the  global ... billion in 2015 and is estimated to grow ... 48.56 billion by 2024.  Increasing application ...
(Date:6/3/2016)... 3, 2016 Das ... Nepal hat ein 44 ... geprägter Kennzeichen, einschließlich Personalisierung, Registrierung und IT-Infrastruktur, ... Produktion und Implementierung von Identitätsmanagementlösungen. Zahlreiche renommierte ... Januar teilgenommen, aber Decatur wurde als konformste ...
Breaking Biology News(10 mins):